The Walt Disney Company is taking full control of Hulu effective immediately, in return for Disney and Comcast entering into a “put/call” agreement for NBCUniversal’s 33% stake in the service. Disney has the right to buy out NBCU’s share of Hulu as early as January 2024. NBCU can end its licensing agreements with Hulu in three years, and in one year will be able to take back some of the content it licenses to Hulu for its upcoming streaming platform. “We are now able to completely integrate Hulu into our direct-to-consumer business and leverage the full power of The Walt Disney Company’s brands and creative engines to make the service even more compelling and a greater value for consumers,” said Disney CEO Bob Iger.
Bravo announced the inaugural BravoCon, an interactive experience for fans featuring live performances, insider panels, unique activations and VIP access to Bravo’s biggest shows and Bravolebrities that hits NY Friday, November 15-Sunday, November 17. As part of the event, Watch What Happens Live with Andy Cohen will host an evening extravaganza filmed in front of […]
OWN unleashed a trailer and key art for the season 4 return of drama series Queen Sugar, on Wednesday, June 12 at 9p. New season follows the Bordelon family as they discover Nova is publishing her memoir that divulges long-held family secrets.
NASCAR announced a $2 billion merger with International Speedway Corp., picking up ownership of 12 tracks that host NASCAR races, including Daytona International Speedway, Talladega Superspeedway, Darlington Raceway and Homestead-Miami Speedway. ”We are pleased with the progress that the negotiation and execution of the merger agreement between NASCAR and ISC represents,” NASCAR said in a […]
NextVR and the National Hockey League in association with Disney Streaming Services will offer fans free on-demand virtual reality game highlights of the 2019 Stanley Cup Final featuring the Boston Bruins vs. St. Louis Blues. Following each game of the Stanley Cup Final, fans will be able to access highlights in the Stanley Cup Final […]
With the NCAA out of the esports picture for the foreseeable future, Riot Games announced the formation of the Riot Scholastic Association of America – designed to serve as the governing body for Riot’s college and high school esports activity and level up Riot’s continued support for scholastic esports, including scaling competitive operations, creating a […]